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ProPetro (NYSE: PUMP) CEO RSUs vest; shares withheld to cover taxes

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ProPetro Holding Corp. Chief Executive Officer Samuel D. Sledge reported equity award activity involving restricted stock units and common stock. On March 4, 2026, 84,175 previously granted restricted stock units vested and were settled into 84,175 shares of common stock at no cost, increasing his directly held common shares.

On the same date, 33,123 shares of common stock were withheld at a price of $12.4900 per share to satisfy taxes due upon the vesting and settlement of the restricted stock units, leaving 649,336 shares of common stock held directly after the tax-withholding disposition.

Positive

  • None.

Negative

  • None.
Insider Sledge Samuel D
Role Chief Executive Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 84,175 $0.00 --
Exercise Common Stock 84,175 $0.00 --
Tax Withholding Common Stock 33,123 $12.49 $414K
Holdings After Transaction: Restricted Stock Units — 466,307 shares (Direct); Common Stock — 682,459 shares (Direct)
Footnotes (1)
  1. Reflects shares of common stock of the Issuer ("Common Stock") delivered upon vesting and settlement of previously awarded restricted stock units ("RSUs"). Each RSU represents a contingent right to receive either one share of Common Stock or an amount of cash equal to the fair market value of one share of Common Stock. Reflects shares of Common Stock withheld to satisfy taxes payable in connection with the vesting and settlement of previously awarded RSUs. On March 4, 2025, the reporting person was granted 252,525 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Sledge Samuel D

(Last) (First) (Middle)
ONE MARIENFELD PLACE
110 N. MARIENFELD STREET, SUITE 300

(Street)
MIDLAND TX 79701

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ProPetro Holding Corp. [ PUMP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/04/2026 M 84,175(1) A (2) 682,459 D
Common Stock 03/04/2026 F 33,123(3) D $12.49 649,336 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (2) 03/04/2026 M 84,175 (4) (4) Common Stock 84,175 $0 466,307 D
Explanation of Responses:
1. Reflects shares of common stock of the Issuer ("Common Stock") delivered upon vesting and settlement of previously awarded restricted stock units ("RSUs").
2. Each RSU represents a contingent right to receive either one share of Common Stock or an amount of cash equal to the fair market value of one share of Common Stock.
3. Reflects shares of Common Stock withheld to satisfy taxes payable in connection with the vesting and settlement of previously awarded RSUs.
4. On March 4, 2025, the reporting person was granted 252,525 RSUs, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date.
Remarks:
/s/ John J. Mitchell, as attorney-in-fact for Samuel D. Sledge 03/05/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did ProPetro (PUMP) report for CEO Samuel D. Sledge?

ProPetro reported that CEO Samuel D. Sledge had 84,175 restricted stock units vest and settle into common stock, and 33,123 shares were withheld to cover related tax obligations. These transactions reflect routine equity compensation and associated tax-withholding activity.

How many ProPetro (PUMP) restricted stock units vested for the CEO?

84,175 restricted stock units vested for the CEO, settling into 84,175 shares of ProPetro common stock at no cash cost. This conversion reflects previously awarded equity compensation reaching a vesting date and being delivered as common shares to the reporting person.

How many ProPetro (PUMP) shares were withheld to cover taxes on the CEO’s RSU vesting?

33,123 shares of ProPetro common stock were withheld to satisfy taxes arising from the vesting and settlement of restricted stock units. The withholding was recorded at a share price of $12.4900, reducing the CEO’s directly held common stock after the transaction.

What is the CEO’s ProPetro (PUMP) common stock holding after these transactions?

After the reported RSU vesting and tax-withholding disposition, CEO Samuel D. Sledge directly holds 649,336 shares of ProPetro common stock. This figure reflects the increase from RSU settlement and the reduction from shares withheld to cover associated tax liabilities.

Were the ProPetro (PUMP) CEO’s Form 4 transactions open-market buys or sells?

The transactions were not open-market buys or sells. They involved the exercise and settlement of 84,175 restricted stock units into common stock and a tax-withholding disposition of 33,123 shares to satisfy tax obligations related to that vesting event.

Did ProPetro (PUMP) grant additional restricted stock units to the CEO?

Yes. On March 4, 2025, the CEO was granted 252,525 restricted stock units, vesting in three substantially equal annual installments beginning on the first anniversary of the grant date. This grant represents a multi-year equity compensation award subject to time-based vesting.